Santander Business Savings Accounts

Santander business savings accounts are offered to customers in several different formats, these accounts include:

 

  • Business Direct Saver accounts, providing customers with easy access to their money. Tiered interest rates mean the more you save the more you earn.
  • Business Reward Savers, that require a deposit of between £30,000 - £2,000,000 providing customers with competitive interest rates as long as no withdrawals are made for the first year.
  • Time deposit accounts allow customers to invest a minimum deposit of £50,000 for a fixed term, ranging from 28 days to 1 year period with variable interest rates.
  • Business bonds are available to businesses with an annual turnover of less than £1million for a fixed term. Interest for these accounts is paid on maturity/annually.

 

If you are searching for a suitable savings solution for your business, comparing different deals is a useful way of narrowing down the most competitive offers available. See our business savings account comparisons table below to compare the features of Santander business savings accounts with similar offers from other providers:

Business Savings Selection
ProviderAccountRate TermApply
1.30%1 YearMore Info >
1.30% gross/AER. £1,000 minimum opening balance. No withdrawals.
1.00%6 MonthsMore Info >
1.00% gross/AER. £1,000 minimum opening balance. No withdrawals.
0.85%Easy AccessMore Info >
0.85% gross/AER. £1,000 minimum opening balance. Unlimited withdrawals.
0.75%95 Day NoticeMore Info >
0.75% AER/gross. Withdrawals subject to 95 days notice. Minimum Deposit £10,000, maximum balance £5,000,000. Available to UK businesses.

 

Santander UK is part of the Spanish Santander Group.  It is the third largest bank in the UK in terms of deposits and has around 25 million UK customers. Aside from Santander business savings accounts, Santander also over a variety of other financial products and services that may be of interest to customers.